Phosphorus Pentasulfide Market Worth US$ 654.25 Million By 2032 | CAGR 4.7% – FMI
12/23/2022, Newark // Future Market Insights, Inc. //
Global demand for phosphorus pentasulfide market is expected to reach 442 million USD in 2022 and will grow at a CAGR of 4% worth US$ 654.25 million from 2022 to 2032. From 2021 to 2022 a year-on-year comparison for The phosphorus pentasulfide market is forecast to expand at 4.7%, rising from US$ 422 million target.
Phosphorus Pentasulfide is an inorganic compound, generally found in solid form. Phosphorus Pentasulfi deappears greenish yellow in color, which sometimes changes to greenish gray color because of the presence of impurities.
Phosphorus Pentasulfide is soluble in carbon disulfide, while it is insoluble in other commonly used solvents such as DMF and DMSO and reacts strongly with them. Also, Phosphorus Pentasulfide reacts with moisture or water to produce hydrogen sulfide, which is a highly flammable and toxic gas.
Phosphorus Pentasulfide also produces phosphorus pentoxide upon its reaction with water, which emits toxic fumes, whose mixture in air can create an explosive hazard. Phosphorus Pentasulfide is easily ignited due to friction and also contact with sparks.
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Phosphorus Pentasulfide has the same smell as that of hydrogen sulfide, similar to the stench of rotten eggs. Phosphorus Pentasulfide is dangerous for human contact, and causes severe irritation to the eyes and skin, with possibilities of long term damage.
Inhalation of Phosphorus Pentasulfide can damage the nose and throat, while exposure in high quantity can lead to a person suffering anosmia (a condition where patient loses sense of smell). There are many other detrimental effects of exposure to Phosphorus Pentasulfide such as nausea, dizziness, sweating, and weakness.
Some research has also indicated to the possibility of Phosphorus Pentasulfide being a carcinogen for humans. The corrosive and toxic nature of Phosphorus Pentasulfide, combined with its reactive properties and fire hazards, have led the substance to be highly regulated by government bodies across the world.
Phosphorus Pentasulfide Market: Dynamics
Phosphorus Pentasulfide is used in the manufacturing of sulfur and phosphorus containing compounds. One of the key applications of Phosphorus Pentasulfide is in the manufacture of phosphorus based additives, particularly zinc-dithio-phosphates (ZDDP).
Phosphorus Pentasulfide is used as a raw material for producing ZDPP, which is a phosphorus based lubricant additive. ZDPP is used extensively as an ingredient in motor oils, where it works as an anti-corrosive and anti-wear agent.
The phosphorus containing coating of ZDPP compounds inhibits friction between metallic parts of an automotive. Another key application of Phosphorus Pentasulfide is in the synthesis of pesticides. Agricultural pesticides such as Malathion and Parathion are key examples of pest control products manufactured from Phosphorus Pentasulfide.
Malathion is a widely used organophosphate insecticide, which is used not only in agriculture, but also for public health purposes, such as mosquito eradication.
The use of Parathion has come under intense regulation due to its toxic nature, which has curbed its application in many countries. Phosphorus Pentasulfide is also used to produce flotation agents, which are used in the mining industry for enhancing mineral recovery.
Phosphorus Pentasulfide is also used in the production of safety matches, courtesy its highly reactive nature and ignition triggered by friction. Thus there is significant use of Phosphorus Pentasulfide in multiple industries. However, demand for Phosphorus Pentasulfide will be driven primarily by the agriculture and automotive sectors.
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Phosphorus Pentasulfide Market: Regional Outlook
Demand for Phosphorus Pentasulfide is projected to grow at a moderate pace in the next few years. Asia Pacific region is expected to be a significant market for Phosphorus Pentasulfide, with growing production of agricultural pesticides.
The large automotive industry in the region also makes it a key consumption hub of lubrication additives manufactured from Phosphorus Pentasulfide. North America and Europe are also key regional market for Phosphorus Pentasulfide market, although stringent regulations regarding toxicity, industrial health & safety and environment will impact demand growth.
The import and use of the pesticide Parathion is banned by nearly 50 countries across the world. China, Japan, U.S., and India are few of the important country level markets for Phosphorus Pentasulfide.
Phosphorus Pentasulfide Market: Market Participants
Examples of some of the market participants identified in the Phosphorus Pentasulfide market include,
- Sigma-Aldrich Corporation
- Hangzhou Yuhao Chemical Technology Co., Ltd
- American Elements
- Thermo Fisher Scientific
- Italmatch Chemicals S.p.A.
- Liaoning Ruixing Chemical Group Co., Ltd.
- Fosfoquim SA
- Santai Aostar Phosphate Chemical Industry Co., Ltd.
- Perimeter Solutions (Previously Israel Chemicals Ltd.)
- Hubei Xingfa Chemicals Group Co., LTD
The research report on presents a comprehensive assessment of the Phosphorus Pentasulfide market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data.
It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Phosphorus Pentasulfide market segments such as geographies, application and industry.
Key Segments Covered in the Phosphorus Pentasulfide Industry Report
Phosphorus Pentasulfide Market by Form:
- Phosphorus Pentasulfide Flakes
- Phosphorus Pentasulfide Powder
- Phosphorus Pentasulfide Granules
Phosphorus Pentasulfide Market by Application:
- Phosphorus Pentasulfide as a Lubricant Additive
- Phosphorus Pentasulfide for Pesticide and Insecticide Manufacturing
- Phosphorus Pentasulfide for Flotation Agent Manufacturing
- Phosphorus Pentasulfide for Safety Matches Manufacturing
- Phosphorus Pentasulfide for Other Applications
Phosphorus Pentasulfide Market by End Use:
- Phosphorus Pentasulfide for Automotive
- Phosphorus Pentasulfide for Agriculture
- Phosphorus Pentasulfide for Mining
- Phosphorus Pentasulfide for Chemicals
- Phosphorus Pentasulfide for Other End Use
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Frequently Asked Questions
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